A business structure that separates what the business owes from what you own.
A limited liability company is a business entity formed under state law. Properly formed and maintained, it generally shields the owners’ personal assets from the company’s debts and lawsuits. Owners are called members, and the company can have one member or many.
“The Company is a limited liability company organized under the laws of the State of Delaware.”
Before you sign, Main AI reads the actual contract and flags where a clause like this shifts risk onto you — in plain language, tied to the exact wording.
Analyze my document free →The shield protects owners from the company’s obligations — it does not protect against your own negligence or wrongdoing, and it disappears wherever you personally guarantee something. Landlords, banks, and equipment lessors routinely require a personal guarantee from a small LLC, which puts the owner back on the hook for that specific obligation. Courts can also disregard the entity where owners mix personal and business funds or ignore the formalities the state requires.
See this in your own document: run a free analysis — findings quote the exact language.
“Member hereby personally and unconditionally guarantees the full and prompt payment of all obligations of the Company under this Lease.”
This is the clause that quietly undoes the reason the LLC was formed. When a contract is signed on behalf of an LLC, check whose name appears on the signature line and in what capacity, and check whether a guarantee rider is attached. Signing your own name without a title, or signing a guarantee, can make the obligation yours rather than the company’s.